SharpLink Is Going All-In: $1B Ethereum Bet Shakes Corporate Crypto Strategy

In a move that’s turning heads across both Wall Street and Crypto Twitter, SharpLink Gaming has filed with the SEC to sell shares—and use the proceeds to buy a whopping $1 billion worth of Ethereum (ETH) for its treasury.

Yes, $1B in ETH, not cash, not bonds.

This proposed treasury play would make SharpLink one of the largest corporate holders of Ethereum, rivaling even traditional crypto-native firms. For context, even Tesla’s Bitcoin purchase was $1.5B—and that made global headlines.

So why is this important?

By choosing ETH over BTC, SharpLink signals a bet on Ethereum’s future as not just a currency but a global platform for decentralized apps, NFTs, DeFi, and beyond. It’s a bold shift that echoes the growing view that Ethereum is digital infrastructure, not just digital money.

If approved, this move could attract other tech-driven or forward-looking public companies to reimagine their treasury strategies in favor of blockchain-native assets. And for investors? It’s another reminder that crypto is no longer on the fringe—it’s being written into boardroom strategy.

Will ETH become the go-to corporate crypto? Let us know what you think—and follow Trafy.io for smarter takes on crypto and capital markets.